Smartindia Classroom
CONTENTS
Political Science
Economics
Geography
History
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Question-1
Rapid integration or interconnection between countries is known as
(A)
Socialization
(B)
Privatization
(C)
Liberalization
(D)
Globalization
Question-2
The two major accomplishments of the conference were the creation of
(A)
IMF and World Bank
(B)
GATT and WTO
(C)
IMF and IBRD
(D)
IBRD and World Bank
Question-3
Which among the following is an economy in which there are economic activities between domestic community and outside ?
(A)
Open economy
(B)
Closed economy
(C)
Knowledge economy
(D)
Global village
Question-4
Fair globalization would mean:
(A)
fair opportunities for all
(B)
fair benefits for all
(C)
more support to small producers
(D)
all of the above
Question-5
'Coca-Cola’ is a
(A)
Public Sector
(B)
Private Sector
(C)
Multinational Corporation
(D)
Limited Company
Question-6
Allowing private sector to set up more and more of such industries as were previously reserved for public sector.
(A)
Globalization
(B)
Privatization
(C)
Liberalization
(D)
Socialization
Question-7
Who said that in a globalized economy, national boundaries have largely become irrelevant ?
(A)
A.V. Dicey
(B)
Samuel. P. Huntington
(C)
Amartya Sen
(D)
Peter Drucker
Question-8
The past two decades of globalization has seen rapid movements in:
(A)
goods, services and people between countries
(B)
goods, services and investments between countries
(C)
goods, investments and people between countries
(D)
none of these
Question-9
Investment made by MNCs is called
(A)
Mutual investment
(B)
Inter-government investment
(C)
Portfolio Investment
(D)
Foreign investment
Question-10
Which of the following refers to ‘a process of removing government imposed restrictions on movements between countries in order to create “open”, “borderless”, world economy’ ?
(A)
Sovereignty
(B)
Privatization
(C)
Liberalization
(D)
Globalization
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Tamil Nadu (English Medium)
Practice in Related Chapters
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